board of investment
- Thailand
China and Japan fight it out for Thailand’s EV market
In Thailand’s (electric vehicle) EV market, China’s auto manufacturers are locked in a bitter struggle against Japanese incumbents. China’s biggest maker of electric and hybrid cars, BYD, is to build an EV car plant in Rayong. The Great Wall Motor Co.’s production line in the same town has produced more than 10,000 vehicles. Meanwhile, Hozon New Energy has its Neta…
- Visa
US, China, UK account for 45% of the 400 LTR visa applications
The Thai government predicted one million rich foreigners would snap up new long-term resident visas when the scheme was launched on September 1. In the first 12 days, the LTR visa applications began slowly rolling in, with about 400 people applying so far, mostly pensioners. Officials are framing the applicants so far as a glimpse of what’s to come as…
- Visa
Cabinet announces changes to Thailand’s SMART visa
To accelerate the development of the Thailand’s “target industries,” the Board of Investment offers a 4 year SMART visa to foreign investors, executives, entrepreneurs and highly-skilled experts. Yesterday, Thailand’s Cabinet announced changes to the SMART visa requirements and expanded the list of targeted industries. The Cabinet did not specify when the changes would come into effect. SMART visa holders are…
- Visa
New Smart Visa rules in the works for digital nomads in Thailand
Digital nomads in Thailand might soon be able to apply for the Smart Visa, allowing an up to 4 years stay without a work permit. The Board of Investment, or BOI, is proposing changes to the visa requirements to allow foreign freelancers to apply for the Smart Visa. The rules have already been approved by the Centre for Covid-19 Situation…
